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Kenyan tech startups drive Africa’s record rise in debt financing
The 2025 Partech Africa Tech Venture Capital Report shows that debt deal activity rose sharply on the continent last year, with 107 transactions recorded compared with 77 in 2024, the highest level ever tracked.
Kenyan technology startups are increasingly turning to debt financing as a primary source of capital, reflecting a broader shift in Africa’s venture funding landscape, where more young businesses are tapping credit.
New data from global tech investment firm, Partech, shows that in 2025, debt financing across the African tech startup ecosystem hit a record $1.64 billion (Sh211.72 billion), up 63 percent from $1.01 billion(Sh130.39 billion) in 2024 and higher than the $1.2 billion (Sh154.81 billion) debt raised in 2023.